MCGEE SUSAN B 4

What Happened Susan B. McGee, a director of HIVE Digital Technologies Ltd. (HIVE), had 100,000 restricted share units (RSUs) vest and be converted into 100,000 common shares on July 9, 2026. The filing shows a derivative conversion (transaction code M) — recorded as an acquisition of 100,000 shares and a corresponding derivative disposition at $0.00, reflecting settlement of RSUs into shares rather than a cash purchase or open‑market sale.

Key Details

• Transaction date: July 9, 2026; Filing date: July 10, 2026 (timely filing).
• Transaction type: M = exercise/conversion of derivative (RSU settlement).
• Shares received: 100,000 common shares; Price: $0.00 (RSU settlement — no cash paid).
• Shares owned after transaction: not specified in this Form 4.
• Footnotes: F1–F2 confirm these were RSUs under the company’s RSU Plan; F2 notes the RSUs were awarded July 8, 2025, vested July 8, 2026, and settled/converted on July 9, 2026. F3 lists additional outstanding RSUs with future vesting (25,000 in two installments; 100,000 on Oct 31, 2026; 100,000 on Mar 16, 2027; 100,000 on Jun 30, 2027).
• No 10b5‑1 plan, tax‑withholding sale, or cashless sale is noted in the filing.

Context This was a routine RSU vesting and conversion into common stock, not a purchase or market sale. The $0.00 disposition entry reflects conversion/settlement of the derivative award into shares. Such equity settlements are common as part of director compensation and do not by themselves indicate a buy or sell signal.